Royce Small-Cap Trust (<a>RVT</a>, <a>Financial</a>) announces a $0.29 per share quarterly distribution. 96% of the distribution derived from realized long-term gains, with a 7.10% annualized yield. Fund records a 12.02% average annual total return over the past 5 years despite a -1.91% fiscal year-to-date negative return.

Royce Small-Cap Trust, Inc. (RVT) has declared a second quarter 2025 distribution of $0.29 per share, payable on June 25, 2025, to shareholders recorded as of June 12, 2025. This distribution honors the company's commitment to a quarterly payout at a 7% annual rate based on the rolling average of the previous four quarter-end net asset values (NAVs).

The distribution breakdown indicates that $0.0116 per share (4%) comes from net investment income, while $0.2784 per share (96%) is sourced from net realized long-term gains. This supports the fund's effective strategy in capturing long-term appreciation in its small-cap holdings, which translates into tangible benefits for its investors.

Despite delivering a 7.10% annualized distribution rate, Royce Small-Cap Trust has encountered hurdles in recent times, as evidenced by a -1.91% cumulative total return for the fiscal year through May 31, 2025. Nonetheless, the fund's solid performance over the past five years, with an average annual total return of 12.02%, underscores its potential for long-term growth.

Shareholders have the choice to receive their distribution in cash or opt for additional shares of common stock, with the share price for reinvestment to be determined on June 20, 2025. It's important for investors to note that the distribution policy is subject to change at the discretion of the Board, potentially affecting future payouts based on market conditions and fund performance.

For tax considerations, stakeholders should be aware that the majority of the distribution represents long-term capital gains, which may influence their tax planning strategies. Detailed tax reporting will be provided in the Form 1099-DIV for the calendar year.

Royce Small-Cap Trust, Inc. (NYSE-RVT) declares Second Quarter Common Stock Distribution of $0.29 Per Share | RVT Stock News

Royce Small-Cap Trust (RVT) announces a $0.29 per share quarterly distribution, with 96% sourced from long-term gains and 4% from net investment income. The distribution provides a 7.10% annualized yield, supported by a 12.02% average annual total return over five years, despite a -1.91% year-to-date return. Shareholders may receive cash or additional shares, with reinvestment details pending June 20, 2025. The policy is subject to change based on market conditions.